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The real reason our power companies block battery systems

The real reason our power companies block battery systems

If you're wondering why battery storage is still on the fringe of the energy debate in Australia, and why power prices are high, just ask Dr Tony Marxsen, the head of the Australian Energy Market Operator (AEMO).

He made it plain earlier this week the big power companies have invested hundreds of millions of dollars on quick start power stations, so-called "gas peakers" and they aren't going to be giving up their sway over the market any time soon: they want to make sure they get a return on their money.